Presented below are select figures from the balance sheet of Edison Company for 2019 and 2018. Edison
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Presented below are select figures from the balance sheet of Edison Company for 2019 and 2018. Edison Company Balance Sheet As at April 30 2019 2018 Total Assets $284,906 $200,650 Total Liabilities $110,755 $64,394 Stockholders' Equity $174,151 $136,256 In 2019, Edison Company had sales of $425,000 and net income of $52,700. Calculate the ratios for 2019 as indicated below. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places. Return on Assets (Percent): Answer % Asset Turnover: Answer times Debt-to-Equity (Decimal): Answer Debt-to-Total-Assets (Percent): Answer %
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